Shine Jacob &Amp;Amp; Karan Choudhury

Stories by Shine Jacob &Amp;Amp; Karan Choudhury

Petrol, diesel prices likely to go up again

Petrol, diesel prices likely to go up again

Rediff.com   11 Dec 2018

CARE Ratings, in a report, said it foresees an increase in the retail prices of petrol and diesel in the coming few days, depending on how the oil markets react in the reduction in supply from the cartel.

Will Santa bring good news for India's real estate developers?

Will Santa bring good news for India's real estate developers?

Rediff.com   6 Dec 2018

Christmas is a perfect time for most NRIs to travel back to India and include property buying in their schedule. Ahmedabad, Kochi, Ludhiana and Chandigarh are some cities that witness generous investments from NRI investors.

Railways to try out new signalling system

Railways to try out new signalling system

Rediff.com   24 Nov 2018

Electronic devices installed along tracks provide train signals to a computer fitted in the locomotive. If a driver goes over the designated speed, a dashboard in front of him gives a red alert sign at first. Even after this, if the train continues its journey, the train's brake is automatically applied.

Foodpanda has bitten off more than it can chew

Foodpanda has bitten off more than it can chew

Rediff.com   22 Nov 2018

Foodpanda delivery executives were assured they could make Rs 50,000. There were promises made on surge and demand. But the demand never kept up with the supply.

Railways to foray into education, convert hospitals to colleges

Railways to foray into education, convert hospitals to colleges

Rediff.com   17 Nov 2018

Railway hospitals will offer postgraduate courses for medical students.

Why is Iran crude so important for India?

Why is Iran crude so important for India?

Rediff.com   14 Nov 2018

One of the major advantages of buying Iran crude is the additional credit period of 90 days that the country gives to India, compared to 30 days by other countries.

In India, Twitter's Dorsey offers politicians tools to go viral

In India, Twitter's Dorsey offers politicians tools to go viral

Rediff.com   13 Nov 2018

During his maiden visit to India, the 41-year-old, nose ring-sporting Dorsey wants "to experience everything", according to a tweet he posted on November 10, but mainly reach out to all political parties and meet government officials -- at the Centre and in states -- as well as senior police officer and civic body officials, so that he can assist in delivering governance through Twitter. This will also help the social media giant chalk out its next stage of expansion.

Foodpanda unleashes monster discounts to capture market share

Foodpanda unleashes monster discounts to capture market share

Rediff.com   12 Nov 2018

Takes on UberEats, Swiggy; experts question cash burn.

Why it's not going to be a smooth ride for private oil retailers

Why it's not going to be a smooth ride for private oil retailers

Rediff.com   9 Nov 2018

As fuel prices surged in September, the government's decision to ask companies to cut price by Rs1 each on a litre of petrol and diesel came as a dampner for private players.

Why are Uber, Ola drivers upset?

Why are Uber, Ola drivers upset?

Rediff.com   9 Nov 2018

Cab aggregators caught between showing profitability to investors, increasing their network and dabbling in areas such as food ordering have seen a major blow to their primary business.

Ola, Uber war hots up once again, this time over grocery delivery biz

Ola, Uber war hots up once again, this time over grocery delivery biz

Rediff.com   7 Nov 2018

Ola wants to be India's answer to Grab, which is into everything, starting from cab service and logistics to bike taxis and food and grocery delivery.

Indian Railways to get special track for high-speed trials

Indian Railways to get special track for high-speed trials

Rediff.com   7 Nov 2018

As the national transporter is planning to come out with semi-high speed routes where trains can clock an average speed of 160-200 kmph, dedicated testing becomes essential.

330,000 govt jobs up for grabs!

330,000 govt jobs up for grabs!

Rediff.com   6 Nov 2018

The railways, the country's largest employer, will be hiring 127,000 people in 2018-2019, for which 23.7 million are competing.

Cisco's John Chambers invests in Lucideus; eyes IoT space in India

Cisco's John Chambers invests in Lucideus; eyes IoT space in India

Rediff.com   30 Oct 2018

According to sources, Chambers has led the $5-million funding round via his investment firm JC2 Ventures

Sabarimala gives BJP a foot in Kerala's door

Sabarimala gives BJP a foot in Kerala's door

Rediff.com   30 Oct 2018

The saffron party will use Lord Ayyappa the same way it made use of Lord Ram in the north to take away the Nair vote and make electoral inroads in the state.

Plot thickens over who stole Paytm data

Plot thickens over who stole Paytm data

Rediff.com   24 Oct 2018

Allegations are flying thick and fast, from harassment, pressure on employees to sell their stocks in the firm, to not one but two extortion calls.

Private players may now enter India's fuel retailing space

Private players may now enter India's fuel retailing space

Rediff.com   23 Oct 2018

At present, India has 56,999 fuel outlets. Of those, only 6,276 are owned by private companies

Oil import bill for FY19 seen rising 42%

Oil import bill for FY19 seen rising 42%

Rediff.com   23 Oct 2018

The benchmark Indian crude oil basket is now estimated to average $77.88 a barrel for FY19, compared to the government's earlier estimate of $65 a barrel for the year and $56.39 for FY18

With new RBI move, M-wallets face tough fight

With new RBI move, M-wallets face tough fight

Rediff.com   20 Oct 2018

While mobile wallets are still busy exploring the multiple facets of interoperability, experts believe that bringing in new customers would be costly affair and the numbers of new wallet users might not see a major hike anytime soon.

Oil subsidy bill is nearly twice the year's budgeted estimate - with 6 months to go

Oil subsidy bill is nearly twice the year's budgeted estimate - with 6 months to go

Rediff.com   13 Oct 2018

Senior policymakers say it is a tough task and the finance ministry may resort to the time-tested method of carrying forward part of the subsidy payment burden to the next fiscal year.